As you may already know, the Canadian and American governments reached an agreement today on Buy American provisions. The agreement represents an important step forward putting Canadian companies in a better position to benefit from remaining U.S. infrastructure stimulus funding and establishes a mechanism for negotiating further access to U.S. markets. This means Canada is now in a stronger position compared to the other countries that are members of the World Trade Organization’s Government Procurement Agreement.
The Canadian Chamber has been doing a great deal of work around Buy American, and while we will continue to push for greater engagement and to counter protectionism with our largest trading partner, we commend both the Canadian and U.S. governments on this productive agreement. In the many media interviews the Canadian Chamber has done over the last 24 hours, our message is that limiting the damage done by the Buy American provisions is a positive step forward.
Another important outcome of this process was the speedy and comprehensive work done by the federal and provincial/territorial governments to get this offer to the U.S. This sets an important precedent for greater cooperation during current and future free trade negotiations.
The Canadian Chamber has produced a template media release, click here to see, that its chamber of commerce/board of trade members can use to publicize the chamber network’s response to the Buy American agreement. An ‘At A Glance’ document is also available here and may be used for media lines and as a backgrounder.
If you require further information, please contact Leah Littlepage at [email protected] or at 1.800.661.2930(250).